Wednesday, May 27, 2026

Is Business More Charitable than Charity?

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“If I do my job right, the value to society and civilization from my for-profit companies will be much, much larger than the good that I do...
Monday, May 25, 2026

Selling Mattresses on Memorial Day

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A nagging thought kept creeping into my more somber thoughts this Memorial Day. Why did retailers turn a day of remembrance into an opport...
Tuesday, May 19, 2026

Biggas Savings

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A funny commercial from a while back uses puns aimed at my adolescent sense of humor. Kmart wants to entice potential customers into its sto...
Saturday, May 16, 2026

Fabulous post on central planning from MarginalRevolution

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If our textbook gets to an eight edition, this will make it into Chapter 1. MarginalRevolution  on Central Planning : The dilemma is this. T...
Tuesday, May 12, 2026

Lessons from Sweden's Capitalist Makeover

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WSJ : By 1990, center-left raised taxes/spending to 70% of GDP THEN: cuts to unemployment, housing subsidies, pensions privatiz...
Monday, May 11, 2026

FDA screens out studies with selection bias

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The Free Press : ..one of the studies looked at a group of people for six weeks—three weeks after they were vaccinated, and then another thr...

Waning Credit Card Market Power?

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  Historically, Visa and Mastercard earned substantial interchange fees because merchants had few practical alternatives. But FedNow, RTP,...
Thursday, May 7, 2026

A Hiccup in a Price War

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Many antitrust economists are wary of the efficacy of predatory pricing , the strategy of pricing below costs to drive a competitor out of a...
Monday, May 4, 2026

Demand for Metro Rides to FIFA Matches is Inelastic

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A recent Forbes article helps explain why getting to FIFA World Cup matches by will cost spectators $150 just for the metro train ride to g...
Thursday, April 30, 2026

Nationalistic Self-Sorting

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  Un Français hisserait-il jamais le drapeau d'un autre pays?